Much of the estate planning process is engaged with protecting vulnerable persons from negative outside influences. We name guardians to take care of minor children, utilize Powers of Attorney to ...

People rarely handle newly acquired wealth well. Everyone has heard stories of the lottery millionaires who have blown it all, and professional athletes who become bankrupt shortly after their careers ...

Sit down with an estate attorney and talk in detail about your concerns. The attorney can write into the trust certain rules. For example, an heir may be required to reach a certain age before they ...

Dear Liz: My wife (71) and I (68) have been diligent savers our entire lives. We have accumulated IRA assets of approximately $2 million along with a house and other assets. Our total estate is under ...

As we prepare for the Halloween season, there are many reasons to be on edge. These fears may involve ghosts and goblins for some, while others may view estate planning as frightening. Although I have ...

Dear Mr. Premack: I have a question about asset protection. Can you create a trust where the spouse that sets up the trust can also control the trust while having the assets in the trust protected ...

My clients often want to protect their legacy from their own children’s poor planning or misfortune. A trust offers protections many beneficiaries cannot obtain for themselves from creditor claims, ...

It’s a common misconception in the estate-planning community that assets held in a spendthrift trust are protected against claims in a divorce. It’s also a common misconception that setting up a ...

Much of the estate-planning process is engaged with protecting vulnerable persons from negative outside influences. We name guardians to take care of minor children, utilize powers of attorney to ...

You may want to take care of your children in your will but suspect that they would blow through their inheritance in just a few years. That’s when a spendthrift trust comes in handy. Also called a ...